Cameroon: FCFA 3,746,6 Billion For 2015

According to the government, the 2015 budget has been prepared with the assumption of a growth rate in Gross Domestic Product (GDP) estimated at 6.3%  and an inflation rate of 3% content. It is balanced in revenue and expenditure at $ 3 746.6 billion CFA francs against FCFA 3312 billion in 2014, an increase of FCFA 434.6 billion in value, 13.12% in absolute and relative terms. The budget was adopted by the Cameroonian parliament last weekend.
Landmarks planned for 2015 are particularly related to the reduction in the rate of income tax from 35% to 30%, raising the minimum tax rate of 1% to 2%, the removal of the tax value added tax (VAT) on the fees charged by travel agencies on the occasion of international flights, excluding reimbursement of VAT credits generated by transactions made in cash, the recovery of stamp duty by airport companies air, the introduction of electronic monitoring billing companies on VAT.
The expected revenue during the 2015 fiscal year, amount to FCFA 3 746.6 billion estimated as follows: Internal resources at FCFA 3,342,480,000,000, against FCFA 2,983 billion in 2014, will be from oil revenues amounting to FCFA 774.9 billion , against FCFA 733 billion  in 2014, an increase of FCFA 3.341 billion in absolute terms and 5.71% in relative terms. Non-oil revenues are estimated at FCFA 2 247 580 000 000, against FCFA 1,970 billion in 2014, an increase of 14.09% in relative value.
Bonds amount to FCFA 320 billion against FCFA 280 billion in 2014, an increase of FCFA 40 billion in absolute terms and 14.28% in relative value will also be considered.
External revenues, they are at FCFA 404.117 billion, against FCFA 329 billion in 2014, an increase in absolute value of FCFA 75, 117 billion and 22.83% in relative value, divided into loans and donations.
Borrowings totaled FCFA 345, 917 billion against FCFA 274 billion in 2014, an increase of FCFA 71.917 billion in absolute terms and 26.24% in relative value.
Donations will amount to FCFA 58.200 billion, as against FCFA 55 billion in 2014, an increase of FCFA 3.2 billion  in absolute terms and 5.81% in relative terms.
Regarding expenses, direct operating costs are estimated at FCFA 2 159 900 000 000 against FCFA 2009.2 billion in 2014, an increase of FCFA 150.7 billion in absolute value.
Capital expenditures, meanwhile, are at  FCFA 1 150 billion , against FCFA 1,000 billion in 2014, an increase of FCFA 150 billion in absolute value.
The public debt is estimated at FCFA 436.7 billion, against FCFA 302.8 billion in 2014, an increase of FCFA 133.9 billion in absolute value.

With facts from Journal du Cameroun